US Supreme Court re-consider Scope of Internet Sales Tax

Internet Sales Tax

The U.S Supreme Court has agreed to hear the challenge against Internet Sales Tax. The Court will consider freeing state and local governments to collect billions of dollars in sales taxes from online retailers, agreeing to revisit a 26-year-old ruling that has made much of the internet a tax-free zone.

While hearing the  case of traditional retailers and dozens of states, the justices said they’ll hear South Dakota’s contention that the 1992 ruling is obsolete in the e-commerce era and should be overturned.

The court probably will hear arguments in April with a ruling by the end of its nine-month term in late June.